TNAG-0380-FCO40-426-Sterling-assets-and-balance-of-payments-of-Hong-Kong-1973 — Page 197

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

GRPS 330

IMMEDIATE

CYPHER/CAT A

१०

CONFIDENTIAL

TOP COPY

1

33

FM HONG KONG 119450Z

о

!

CONFIDENTIAL

никод

TO IMMEDIATE F C O TELNO BTC-97 OF 11TH AUGUST, 1973.

YOUR TELNO 790. STERLING.

JA

I AM SURE STATEMENT WILL BE CAREFULLY DRAFTED TO TAKE ACCOUNT

NOT ONLY OF HONG KONG'S DIFFICULT POSITION BUT ALSO OF THE

PROBABLE STRENGTH OF FEELING AGAINST BRITAIN IF HONG KONG DOES NOT GET FREEDOM OF MOVEMENT ALL COMMENTATORS ARE PRESSING FOR AS

NECESSITY AND RIGHT.

E.G.

17.8

BUT, FROM PREVIOUS EXPERIENCE (AND CURRENT COMMENTS FAR EASTERN ECONOMIC REVIEW EDITORIAL) THE HARM IS DONE BY THE SUBSEQUENT EDITORIALS, COMMENTS BY BANKERS (ESPECIALLY CHINESE) AND THE BRITAIN KNOCKERS VIRTUALLY ALL OF WHOM SEE AND PRESENT THIS AS (ANOTHER) DIRECT CONFLICT BETWEEN U.K. AND HONG KONG INTERESTS. HADDON-CAVE NATURALLY HAS TO PUT BEST

FACE FOR HONG KONG AND IT IS I BELIEVE ASKING A GREAT DEAL OF HIM

AND G.I.S. TO DEFEND OUR POSITION WHERE IT DIVERGES FROM HONG

KONG AND HARMS OR DOES NOT HELP

<

HIS CASE.

LOCAL BRITISH INTERESTS WILL ALSO FIND IT DIFFICULT TO UNDER-

STAND IF THEY ARE REFERRED TO THE HONG KONG GOVERNMENT FOR THE BRI-

TISH GOVERNMENTS LINE, AND WILL BE DUBIOUS ABOUT IT IN A DISPUTED

MATTER SUCH AS THIS.

I NEED NOT SAY MORE THAN IN PREVIOUS EXCHANGES

ABOUT EFFECT THIS CAN HAVE ON EFFECTIVENESS OF THIS OFFICE

IN PROMOTING, AND DEFENDING BRITISH COMMERCIAL INTERESTS AND I

HAVE NOT WEIGHTED IT INTO THESE COMMENTS.

+

#

CONFIDENTIAL

/AS INSTRUCTED

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.